Director of SverdlovEnergo Mikhail Dralin resigned, the General Director of the Urals and Volga Interregional Network Company Alexei Bobrov announced in the course of a press conference held in Interfax-Ural’s headquarters on September 18, 2007. Mr. Bobrov maintains Mr. Dralin’s resignation has to do with SverdlovEnergo merging with his enterprise.

‘SverdlovEnergo vested all the authority of its sole executive body with our company, this is why it is no longer going to have a general director; we will retain the position of a CEO, though. Mr. Dralin is now on the Federal Network Company’s personnel reserve list and will probably get an employment in some other region of Russia,’ Mr. Bobrov added. He also noted he was planning on uniting the position of a general director of the Urals and Volga Interregional Network Company and that of SverdlovEnergo’s CEO.